From October to December, 104 homes sold in Hanover Park for a median price of $195,000. That's 15 percent higher than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, 3 homes in Hanover Park were in foreclosure.
Median property tax for homeowners in Hanover Park was $5,016.96 in 2017 according to tax data from that year. That means homeowners pay 3 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Hanover Park real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
109
$175,500
-
2010
85
$125,400
-28.5%
2011
61
$113,000
-9.9%
2012
117
$103,550
-8.4%
2013
140
$140,400
35.6%
2014
123
$150,520
7.2%
2015
157
$163,240
8.5%
2016
136
$175,875
7.7%
2017
108
$169,575
-3.6%
2018
104
$195,000
15%
Median property tax
Median sale price
Effective property tax rate
2009
$5,013.95
$175,500
2.9%
2010
$5,457.88
$125,400
4.4%
2011
$4,394.35
$113,000
3.9%
2012
$5,105.66
$103,550
4.9%
2013
$5,052.74
$140,400
3.6%
2014
$5,089.60
$150,520
3.4%
2015
$5,424.14
$163,240
3.3%
2016
$5,781.36
$175,875
3.3%
2017
$5,016.96
$169,575
3%
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